Formula Growth Ltd
Net buyer this quarter
$284M
145
+$3.83M
22.8%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 MU | $13.9M | 4.87% | 0.00% | -42.9% | Q4 2015 |
 SWIM | $8.9M | 3.13% | 1.17% | +9.6% | Q3 2022 |
 SSYS | $7.36M | 2.59% | 1.00% | +7.5% | Q2 2023 |
 COMP | $6.01M | 2.11% | 0.06% | -14.1% | Q3 2025 |
 ALHC | $5.27M | 1.85% | 0.11% | -7.5% | Q4 2022 |
 CECO | $5.01M | 1.76% | 0.09% | -11.5% | Q2 2023 |
 JHX | $4.97M | 1.75% | 0.03% | -19.9% | Q2 2025 |
 XPO | $4.72M | 1.66% | 0.02% | Not reported | Q4 2015 |
 KVYO | $4.53M | 1.59% | Not reported | +100.0% | Q4 2023 |
 ORN | $4.32M | 1.52% | 0.63% | -13.8% | Q3 2024 |
 CALX | $4.29M | 1.51% | 0.18% | +202.6% | Q3 2023 |
 EQPT | $4.22M | 1.48% | 0.27% | +56.6% | Q1 2026 |
 FOXF | $4.11M | 1.44% | 0.58% | -13.2% | Q4 2024 |
 RYAAY | $4.04M | 1.42% | 0.01% | Not reported | Q4 2015 |
 U | $4M | 1.41% | 0.03% | +7.7% | Q3 2022 |
 PACK | $3.82M | 1.34% | 0.61% | -24.8% | Q2 2024 |
 PANW | $3.73M | 1.31% | 0.00% | Not reported | Q2 2016 |
 MOD | $3.62M | 1.27% | 0.03% | -7.9% | Q1 2026 |
 BTSG | $3.51M | 1.23% | 0.03% | -27.8% | Q3 2025 |
 ICLR | $3.25M | 1.14% | 0.02% | +167.0% | Q1 2026 |
 RBA | $3.21M | 1.13% | 0.01% | -0.4% | Q4 2024 |
 LIND | $3.15M | 1.11% | 0.17% | +100.6% | Q3 2023 |
 CVSA | $3.14M | 1.10% | 0.07% | -0.4% | Q4 2024 |
 UA | $3.11M | 1.09% | Not reported | +25.0% | Q3 2017 |
 HQY | $3.11M | 1.09% | 0.04% | -0.4% | Q1 2016 |
 SAH | $3.04M | 1.07% | Not reported | Not reported | Q4 2015 |
 LAW | $3.02M | 1.06% | 1.23% | Not reported | Q1 2023 |
 FN | $3.02M | 1.06% | 0.02% | -16.1% | Q2 2017 |
 AIR | $2.99M | 1.05% | 0.05% | -0.4% | Q4 2025 |
 AX | $2.98M | 1.05% | 0.05% | Not reported | Q3 2018 |
 GH | $2.9M | 1.02% | 0.01% | New | Q2 2026 |
 UTHR | $2.89M | 1.02% | 0.01% | -0.4% | Q1 2025 |
 LULU | $2.85M | 1.00% | 0.02% | +25.0% | Q4 2015 |
 MEC | $2.81M | 0.99% | 0.29% | -25.0% | Q4 2025 |
 LNTH | $2.79M | 0.98% | 0.04% | +57.1% | Q2 2023 |
 BILL | $2.71M | 0.95% | 0.08% | Not reported | Q1 2023 |
 NOK | $2.66M | 0.93% | 0.00% | -57.9% | Q1 2019 |
 EVH | $2.63M | 0.92% | 0.43% | +125.6% | Q1 2017 |
 CPA | $2.41M | 0.85% | 0.04% | Not reported | Q4 2015 |
| NSP | $2.34M | 0.82% | 0.15% | -15.0% | Q1 2020 |
 RH | $2.31M | 0.81% | 0.07% | +7.7% | Q1 2025 |
 AGYS | $2.3M | 0.81% | 0.08% | +83.3% | Q1 2026 |
 CDNA | $2.22M | 0.78% | 0.15% | -0.6% | Q2 2020 |
 FCFS | $2.16M | 0.76% | 0.02% | Not reported | Q4 2015 |
 SSNC | $2.15M | 0.76% | 0.01% | Not reported | Q4 2015 |
 TPC | $2.04M | 0.72% | 0.05% | -15.1% | Q3 2017 |
 JBHT | $2.03M | 0.71% | 0.01% | Not reported | Q4 2015 |
 MDB | $2.02M | 0.71% | 0.01% | -33.3% | Q3 2022 |
 HCA | $1.95M | 0.69% | 0.00% | Not reported | Q4 2015 |
 GPN | $1.94M | 0.68% | 0.01% | +109.7% | Q1 2025 |
| Q1 2026 | |||||
| MU | $7.09M | 3.20% | 0.00% | -34.4% | Q4 2015 |
| SWIM | $6.74M | 3.04% | 1.07% | +4.2% | Q3 2022 |
| SSYS | $6.25M | 2.82% | 0.93% | +21.2% | Q2 2023 |
| FOXF | $4.6M | 2.07% | 0.67% | +100.6% | Q4 2024 |
| JHX | $4.49M | 2.02% | 0.04% | -22.8% | Q2 2025 |
| XPO | $4.47M | 2.02% | 0.02% | Not reported | Q4 2015 |
| ALHC | $4.21M | 1.90% | 0.12% | -0.1% | Q4 2022 |
| COMP | $4.15M | 1.87% | 0.08% | +32.8% | Q3 2025 |
| NOK | $3.82M | 1.72% | 0.01% | +72.7% | Q1 2019 |
| CECO | $3.71M | 1.68% | 0.17% | -11.8% | Q2 2023 |
| RYAAY | $3.61M | 1.63% | 0.01% | Not reported | Q4 2015 |
| FN | $3.34M | 1.51% | 0.02% | Not reported | Q2 2017 |
| ORN | $3.24M | 1.46% | 0.74% | -1.2% | Q3 2024 |
| MOD | $3.19M | 1.44% | 0.03% | New | Q1 2026 |
| UTHR | $3.18M | 1.43% | 0.01% | -4.6% | Q1 2025 |
| LULU | $3.06M | 1.38% | 0.02% | +233.3% | Q4 2015 |
| LAW | $3.06M | 1.38% | 1.25% | +6.7% | Q1 2023 |
| BTSG | $2.97M | 1.34% | 0.04% | -22.5% | Q3 2025 |
| KVYO | $2.92M | 1.32% | Not reported | Not reported | Q4 2023 |
| CVSA | $2.92M | 1.32% | 0.07% | -0.1% | Q4 2024 |
| HQY | $2.89M | 1.30% | 0.04% | -12.3% | Q1 2016 |
| BILL | $2.87M | 1.30% | 0.08% | -21.1% | Q1 2023 |
| U | $2.85M | 1.29% | 0.03% | +62.5% | Q3 2022 |
| EQPT | $2.79M | 1.26% | 0.17% | New | Q1 2026 |
| RBA | $2.66M | 1.20% | 0.01% | -8.4% | Q4 2024 |
| AX | $2.61M | 1.18% | 0.05% | Not reported | Q3 2018 |
 PODD | $2.52M | 1.14% | 0.02% | -0.1% | Q2 2016 |
| PACK | $2.48M | 1.12% | 0.81% | -29.8% | Q2 2024 |
| SAH | $2.45M | 1.11% | Not reported | Not reported | Q4 2015 |
 FPS | $2.43M | 1.09% | Not reported | New | Q1 2026 |
| HCA | $2.37M | 1.07% | 0.00% | Not reported | Q4 2015 |
| SSNC | $2.35M | 1.06% | 0.01% | Not reported | Q4 2015 |
| UA | $2.32M | 1.05% | Not reported | -33.3% | Q3 2017 |
| AIR | $2.3M | 1.04% | 0.05% | +16.5% | Q4 2025 |
 NXT | $2.24M | 1.01% | 0.01% | -0.2% | Q1 2023 |
| TPC | $2.24M | 1.01% | 0.06% | -0.1% | Q3 2017 |
| MDB | $2.2M | 0.99% | 0.01% | Not reported | Q3 2022 |
 ARLO | $1.99M | 0.90% | 0.13% | +40.0% | Q4 2025 |
 UBER | $1.91M | 0.86% | 0.00% | Not reported | Q3 2019 |
| FCFS | $1.88M | 0.85% | 0.02% | Not reported | Q4 2015 |
| CALX | $1.86M | 0.84% | 0.06% | +280.0% | Q3 2023 |
 NAVN | $1.85M | 0.84% | 0.31% | +180.0% | Q4 2025 |
 ARCB | $1.85M | 0.84% | 0.08% | -63.0% | Q2 2023 |
 LAUR | $1.85M | 0.84% | 0.04% | -48.5% | Q2 2020 |
| RH | $1.82M | 0.82% | 0.07% | -13.3% | Q1 2025 |
| NSP | $1.8M | 0.81% | 0.18% | +42.8% | Q1 2020 |
| MEC | $1.8M | 0.81% | 0.49% | +150.0% | Q4 2025 |
 GXO | $1.76M | 0.80% | 0.03% | Not reported | Q3 2021 |
| CPA | $1.76M | 0.79% | 0.04% | Not reported | Q4 2015 |
| PANW | $1.75M | 0.79% | 0.00% | Not reported | Q2 2016 |
| Q4 2025 | |||||
| MU | $9.13M | 3.52% | 0.00% | -15.8% | Q4 2015 |
| SWIM | $7.65M | 2.95% | 1.03% | +21.8% | Q3 2022 |
| JHX | $6.37M | 2.45% | 0.07% | -18.6% | Q2 2025 |
| LAW | $5.82M | 2.24% | 1.19% | -8.5% | Q1 2023 |
| LIND | $5.82M | 2.24% | 0.73% | -3.2% | Q3 2023 |
| SSYS | $5.73M | 2.21% | 0.77% | +15.8% | Q2 2023 |
| PACK | $5.35M | 2.06% | 1.17% | -3.5% | Q2 2024 |
| BILL | $5.18M | 2.00% | 0.09% | Not reported | Q1 2023 |
 TEAM | $5.03M | 1.94% | Not reported | -22.5% | Q2 2022 |
| ALHC | $4.73M | 1.82% | 0.12% | -3.5% | Q4 2022 |
| COMP | $4.52M | 1.74% | 0.08% | +23.0% | Q3 2025 |
| RYAAY | $4.5M | 1.74% | 0.01% | Not reported | Q4 2015 |
| CECO | $4.23M | 1.63% | 0.20% | -33.1% | Q2 2023 |
 CPRI | $3.99M | 1.54% | 0.14% | -3.7% | Q4 2024 |
| ARCB | $3.77M | 1.45% | 0.23% | -23.7% | Q2 2023 |
| HQY | $3.61M | 1.39% | 0.05% | -2.9% | Q1 2016 |
| U | $3.53M | 1.36% | 0.02% | -5.9% | Q3 2022 |
| LAUR | $3.48M | 1.34% | 0.07% | -6.9% | Q2 2020 |
| PODD | $3.42M | 1.32% | 0.02% | -20.0% | Q2 2016 |
| BTSG | $3.37M | 1.30% | 0.05% | -11.4% | Q3 2025 |
| XPO | $3.13M | 1.20% | 0.02% | Not reported | Q4 2015 |
| RBA | $3.11M | 1.20% | 0.02% | -3.2% | Q4 2024 |
 GENI | $3.05M | 1.17% | 2.77% | -3.2% | Q4 2024 |
| SSNC | $3.04M | 1.17% | 0.01% | Not reported | Q4 2015 |
| ORN | $2.99M | 1.15% | 0.76% | -11.1% | Q3 2024 |
 GDYN | $2.96M | 1.14% | 0.39% | New | Q4 2025 |
 MNDY | $2.95M | 1.14% | 0.04% | Not reported | Q4 2024 |
| FN | $2.91M | 1.12% | 0.02% | -19.0% | Q2 2017 |
| UA | $2.88M | 1.11% | Not reported | -40.0% | Q3 2017 |
| UTHR | $2.74M | 1.05% | 0.01% | -14.3% | Q1 2025 |
 AEYE | $2.7M | 1.04% | 2.18% | +22.7% | Q4 2024 |
 BBW | $2.69M | 1.04% | 0.34% | -40.9% | Q3 2023 |
| RH | $2.69M | 1.04% | 0.08% | +10.7% | Q1 2025 |
| AX | $2.64M | 1.02% | 0.05% | Not reported | Q3 2018 |
| CVSA | $2.62M | 1.01% | 0.07% | -4.6% | Q4 2024 |
 TBCH | $2.53M | 0.97% | 0.94% | -30.8% | Q1 2025 |
 NTRA | $2.52M | 0.97% | 0.01% | -22.9% | Q4 2015 |
 FSLR | $2.4M | 0.93% | 0.01% | Not reported | Q4 2022 |
| FOXF | $2.38M | 0.92% | 0.33% | +199.3% | Q4 2024 |
| GPN | $2.38M | 0.92% | 0.01% | -7.8% | Q1 2025 |
| HCA | $2.33M | 0.90% | 0.00% | -16.7% | Q4 2015 |
 CSGP | $2.29M | 0.88% | 0.01% | Not reported | Q4 2015 |
| SAH | $2.21M | 0.85% | Not reported | Not reported | Q4 2015 |
| UBER | $2.17M | 0.83% | 0.00% | -10.2% | Q3 2019 |
| CWAN | $2.12M | 0.82% | Not reported | -56.1% | Q1 2023 |
 GLXY | $2.12M | 0.82% | 94772.00% | -31.9% | Q3 2025 |
| PANW | $2.02M | 0.78% | 0.00% | Not reported | Q2 2016 |
 VCTR | $1.97M | 0.76% | 0.05% | -59.0% | Q1 2025 |
| TPC | $1.94M | 0.75% | 0.05% | -3.3% | Q3 2017 |
 TTD | $1.9M | 0.73% | Not reported | -33.3% | Q1 2025 |
| Q3 2025 | |||||
| SWIM | $7.53M | 2.68% | 0.85% | -25.0% | Q3 2022 |
| JHX | $7.24M | 2.58% | 0.09% | +71.2% | Q2 2025 |
| TEAM | $6.39M | 2.27% | Not reported | +37.9% | Q2 2022 |
| SSYS | $6.38M | 2.27% | 0.79% | -12.3% | Q2 2023 |
| MU | $6.36M | 2.26% | 0.00% | Not reported | Q4 2015 |
| PACK | $5.76M | 2.05% | 1.22% | +219.5% | Q2 2024 |
| CECO | $5.41M | 1.93% | 0.30% | +3.4% | Q2 2023 |
| LIND | $5.33M | 1.90% | 0.75% | Not reported | Q3 2023 |
| LAW | $5.3M | 1.88% | 1.31% | -1.2% | Q1 2023 |
| BILL | $5.03M | 1.79% | 0.09% | -11.4% | Q1 2023 |
| VCTR | $4.94M | 1.76% | 0.12% | +131.8% | Q1 2025 |
| BBW | $4.84M | 1.72% | 0.57% | +17.0% | Q3 2023 |
| UA | $4.83M | 1.72% | Not reported | Not reported | Q3 2017 |
| GLXY | $4.71M | 1.67% | 139195.00% | New | Q3 2025 |
| ARCB | $4.66M | 1.66% | 0.29% | +7.3% | Q2 2023 |
| PODD | $4.65M | 1.65% | 0.02% | -13.8% | Q2 2016 |
| ALHC | $4.33M | 1.54% | 0.12% | +37.0% | Q4 2022 |
| TBCH | $4.14M | 1.47% | 1.35% | +122.9% | Q1 2025 |
| CVSA | $4.1M | 1.46% | 0.07% | Not reported | Q4 2024 |
| MNDY | $3.87M | 1.38% | 0.04% | Not reported | Q4 2024 |
| HQY | $3.85M | 1.37% | 0.05% | +37.6% | Q1 2016 |
| RYAAY | $3.76M | 1.34% | 0.01% | Not reported | Q4 2015 |
| TTD | $3.68M | 1.31% | Not reported | +21.0% | Q1 2025 |
| CWAN | $3.6M | 1.28% | Not reported | +185.7% | Q1 2023 |
| GENI | $3.54M | 1.26% | 1.54% | -21.9% | Q4 2024 |
| LAUR | $3.5M | 1.25% | 0.08% | Not reported | Q2 2020 |
| U | $3.4M | 1.21% | 0.02% | -59.5% | Q3 2022 |
 EHC | $3.39M | 1.21% | 0.03% | New | Q3 2025 |
| RBA | $3.39M | 1.21% | 0.02% | Not reported | Q4 2024 |
| CPRI | $3.38M | 1.20% | 0.14% | Not reported | Q4 2024 |
| SSNC | $3.08M | 1.10% | 0.01% | Not reported | Q4 2015 |
| AEYE | $3.05M | 1.08% | 1.77% | -15.4% | Q4 2024 |
| BTSG | $3M | 1.07% | 0.06% | New | Q3 2025 |
| XPO | $2.97M | 1.06% | 0.02% | Not reported | Q4 2015 |
 RDNT | $2.91M | 1.04% | 0.05% | -28.2% | Q4 2015 |
| UBER | $2.89M | 1.03% | 0.00% | Not reported | Q3 2019 |
| FN | $2.88M | 1.02% | 0.02% | Not reported | Q2 2017 |
| CSGP | $2.87M | 1.02% | 0.01% | Not reported | Q4 2015 |
| ORN | $2.82M | 1.00% | 0.85% | Not reported | Q3 2024 |
| CDNA | $2.8M | 0.99% | 0.37% | Not reported | Q2 2020 |
| COMP | $2.79M | 0.99% | 0.06% | New | Q3 2025 |
| GPN | $2.77M | 0.99% | 0.01% | +88.3% | Q1 2025 |
 CCL | $2.76M | 0.98% | 0.01% | -22.1% | Q1 2020 |
| RH | $2.75M | 0.98% | 0.07% | -30.9% | Q1 2025 |
| UTHR | $2.75M | 0.98% | 0.02% | -20.5% | Q1 2025 |
| SAH | $2.72M | 0.97% | Not reported | Not reported | Q4 2015 |
| AX | $2.59M | 0.92% | 0.05% | Not reported | Q3 2018 |
 PHR | $2.58M | 0.92% | 0.18% | Not reported | Q2 2020 |
| HCA | $2.56M | 0.91% | 0.00% | Not reported | Q4 2015 |
 DXCM | $2.53M | 0.90% | 0.01% | -21.0% | Q4 2016 |